Security Federal Corporation Announces Fourth Quarter And Annual Earnings [Yahoo! Finance]
SECURITY FEDERAL CORP (SFDL)
NASDAQ:AMEX Investor Relations:
securityfederalbank.com/investor-relations
Company Research
Source: Yahoo! Finance
Bank (the “Bank”), today announced its earnings and financial results for the quarter and year ended December 31, 2023. The Company reported net income of $3.6 million, or $1.12 per common share, for the quarter ended December 31, 2023 compared to $3.3 million, or $1.01 per common share, for the fourth quarter of 2022. The increase in quarterly net income was primarily due to increased non-interest income. Additionally, during 2023, the Company recognized a $395,600 reduction in income tax expense as a result of tax credits associated with the Bank's newest branch located in Augusta, Georgia. Net income was $10.2 million, or $3.14 per common share, for both the years ended December 31, 2023 and 2022. Fourth Quarter Financial Highlights Net interest income decreased $531,000, or 4.8%, to $10.4 million as the increase in interest expense exceeded the increase in interest income. Total interest income increased $5.2 million, or 39.3%, to $18.4 million while total interest expense
Show less
Read more
Impact Snapshot
Event Time:
SFDL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SFDL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SFDL alerts
High impacting SECURITY FEDERAL CORP news events
Weekly update
A roundup of the hottest topics
SFDL
Sec Filings
- 4/15/24 - Form ARS
- 3/21/24 - Form 10-K
- 3/18/24 - Form TA-2
- SFDL's page on the SEC website